Banking expert shares insight on preventing financial fraud

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

How do banks combat fraudulent activity? That is the question SEON attempted to answer with its Global Banking Fraud Index study

Hackers steal from Bitcoin ATMs with zero-day bug

August 23, 2022

Hackers recently targeted the servers of General Bytes, a Bitcoin ATM manufacturer. They utilized a zero-day bug to make themselves the default administrations…

Meirtran Chooses DPL’s Managed Wireless Service For 3G Upgrades

Meirtran, a leading ATM sales and service organization in the U.S., has selected DPL, a hardware manufacturer and managed service provider, as their wireless…

Virginia police on lookout for ATM thieves

August 17, 2022

Southwestern Virginian police are on the lookout for ATM thieves who recently destroyed two ATMs. The thieves destroyed one ATM at New People's Bank in Haysi…

Kansas police arrest suspect in ATM theft

August 17, 2022

Shawnee County, Kansas police have arrested a suspect who allegedly stole an ATM from a bank in Auburn.

First Tech Federal Credit Union partners with Zebra Technologies to improve banking processes

August 16, 2022

First Tech Federal Credit Union has partnered with Zebra Technologies to integrate its Reflexis for Banking solution to improve staff productivity and customer…

1st Source Bank integrates IT services

August 15, 2022

1St Source Bank, a South Bend, Indiana-based bank, has selected Aunalytics Secure Managed IT Services to provide infrastructure for cloud banking. Aunalytics…

ATM thefts increased by 10% last year

August 15, 2022

The number of thefts of ATMs in the U.S. increased by 10% in 2021, according to data from the FBI's Bank Crime Statistics. There were 254 thefts in 2021…

KeyBank partners with Quavo to automate credit card dispute

August 12, 2022

KeyBank has partnered with fintech Quavo Fraud & Disputes to deploy the QFD automated dispute management platform to automate credit card charge disputes.

Thief steals from ATM technician near the Pentagon

August 8, 2022

A thief recently stole thousands of dollars from an ATM technician who was servicing at ATM in Pentagon City in Virginia. The suspect stole a bag of cash at…

New York ATM Doubles Down On DPL For 3G Upgrades

In evaluating 3G upgrade options, Jon Weilbaker, owner of New York ATM, has chosen to ditch the competition altogether in favor of DPL’s Hercules portfolio…

Nomad crypto firm hit with $190M theft

August 3, 2022

Nomad, a U.S.-based cryptocurrency firm, has lost $190 million due to theft. Nomad claims in a tweet it is investigating the incident, according to a Reuters…

US Bank faces $37M fine for opening fake accounts

August 2, 2022

The Consumer Financial Protection Bureau has charged U.S. Bank with a $37.5 million fine for illegally accessing credit reports and opening accounts without…

Cypress Advantage ATM Chooses DPL For 3G Upgrades

After a thorough evaluation of wireless providers, Cypress Advantage ATM, a national leader in ATM sales and processing, has chosen DPL for their 3G upgrades.

Arkansas firefighters save trapped kitten from ATM

July 29, 2022

Firefighters in Fort Smith, Arkansas saved a kitten from a Regions Bank ATM on July 28. The Fort Smith Animal Haven gave the cat the name Cash in honor of its…

Oakland ice cream shop damaged in ATM theft

July 27, 2022

Thieves destroyed the Flavor Brigade ice cream, frozen bananas and Italian ice shop in Oakland, California in order to steal the store's ATM.

SecurityScoreCard partners with Conference of State Bank Advisors to improve banking cybersecurity

July 21, 2022

SecurityScorecard, a cybersecurity ratings provider, has partnered with the Conference of State Bank Advisors to offer its ratings platform and connected…

Hyosung intros 4 cash recycling solutions

July 19, 2022

Hyosung America has introduced four cash recycling retail solutions which include the X10 Cash-in Sidecar, Series X MetaKiosk, Cajera CR-E and the Hero cash…

FIRST-LINE VS. SECOND-LINE MAINTENANCE

From ATM equipment to self-service kiosks, your cash automation, self-service, Internet of Things (IoT), and other technology investments are key to meeting…

Chinese authorities crush depositor protest following bank asset freeze

July 12, 2022

Chinese authorities crushed a peaceful protest by hundreds of bank customers in the city of Zhengzhou. The protestors were aiming to get back their life…